video1.0<iframe src="https://www.loom.com/embed/8899f8eff711471d911053eb18004fd3" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/8899f8eff711471d911053eb18004fd3-1717195656395.gif207.246In this video, I will explain how damage deposits work in Suite Up. I will cover the two options available: security deposits and damage waivers. Security deposits are refundable amounts held as authorization holds on the guest's card. I will also discuss the limitations imposed by Stripe, our payment integration partner. Additionally, I will explain how to delay the capture of the deposit and automate reminders for guests to complete their secured deposit. Lastly, I will touch on damage waivers, which allow hosts to capture a non-refundable per night amount for potential damages. No action is requested from viewers in this video.